Future Lifestyle Q3 net profit down 18 per cent

Future Lifestyle Fashion is part of the Kishore Biyani-led Future Group has reported a 18.94 per cent fall in net profit for Q3. One reason is higher expenses. Total income from operations during the October-December period was up 21.24 per cent as against the corresponding period of the last fiscal. Overall expenses increased by 23.92 per cent as compared to the same quarter of last fiscal.